Investments

Premier and Minister of Finance of Bermuda David Burt signed a memorandum of understanding (MOU) with Binance Group on Friday, Bernews reports April 27. The MOU establishes funding for educational programs related to fintech and blockchain startups. Burt signed the MOU with Changpeng Zhao, founder and CEO of the world’s world’s world’s second largest cryptocurrency
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Brazil’s largest investment company XP Investimentos is allegedly seeking to launch an over-the-counter (OTC) Bitcoin exchange, local news outlet Portal do Bitcoin revealed Tuesday, April 17. Appearing to confirm documents filed with Brazil’s Department of Federal Revenue, anonymous sources told Portal do Bitcoin that the company was specifically eyeing the OTC market. The reported move
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Joel Robideaux, the mayor-president of the Louisiana city and parish of Lafayette, urged local residents on Thursday to consider launching an initial coin offering (ICO). Lafayette parish is in dire financial straits, officials say. A presentation given by the town in March stressed that property tax revenues are insufficient and that a fund used to finance operations
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4 months ago
kakp2
Comments Off on 2018 ‘Mature’ Crypto Market Will Draw More Investment, See Less Volatility, Analyst Says

Adrian Lai, founding partner of Hong Kong-based crypto investment firm Orichal Partners, has forecast that in 2018 the crypto market will “mature” and increase its trading volume, particularly among institutional investors, the South China Morning Post reported April 9. Lai characterized both last year’s eye-popping market cap growth — reaching an all-time high of over
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Hong Kong-based OKEx became the first crypto exchange to list the South Korean high tech startup Cube, as was announced on Feb. 28. Cube’s team recently revealed its project that will protect network security designed for driverless cars and autonomous vehicles, by use of Blockchain technology. As OKEx representatives told Cointelegraph, the exchange is listing
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6 months ago
kakp2
Comments Off on A New Trading Simulation Platform Comes Up With a Gamification Concept

Betting on assets without owning it, in fact, seems to be a well-known model, this idea is used by Forex-like brokers and being successfully implemented to the crypto market as well. Although, the betting process may even get more entertaining if you add a contest element. And this is exactly what a new Blockchain project,
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The “first” guarantee system for Initial Coin Offering (ICO) investments is set to launch in Russia in 2018, local media outlet Izvestia reported Feb. 19. The system, dubbed ICO-hub, is being developed by Globex Bank, which is a subsidiary of state-owned Vnesheconombank (VEB) bank, together with the Russian Association of Cryptocurrency and Blockchain (RACIB), and
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One of the world’s largest hedge funds Elliott Management, founded by billionaire Paul Singer in 1977, dedicated three pages to describing its negative view of cryptocurrencies in a fourth-quarter letter to clients, calling cryptocurrencies “one of the most brilliant scams in history,” Business Insider reported Feb. 20. In the letter dated Jan. 26, Elliott claims
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Kathleen Breitman, the co-founder of the self-governing Blockchain protocol Tezos, has promised to “go rogue” and launch the platform in several weeks, despite ongoing lawsuits plaguing the project. The announcement took place during the UCLA Blockchain Lab’s Cyber Days conference Feb. 17-18. Tezos raised a record-breaking $232 mln during its Initial Coin Offering (ICO) in
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6 months ago
kakp2
Comments Off on Crypto ‘Scams’ Have Affected Over 1.2k Australian Investors In 2017

Cryptocurrency “scams” generated over 1200 complaints to Australia’s consumer watchdog in 2017, according to new figures it released this month. Local news media outlet ABC reports data it obtained from the Australian Competition & Consumer Commission (ACCC) reveals 1289 complaints, some of which appear to relate to token offerings. Australia has remained quiet against the
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